Canara Robeco Ultra Short Term Fund Direct Plan Growth option
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Low to Moderate Risk|
|Fund Type||Ultra Short Duration|
More about this fund
|182 DTB 14102021||31.22%|
|Rural Electrification Corporation Limited||7.82%|
|Power Finance Corporation Limited||4.66%|
|8.79% Govt Stock 2021||3.95%|
|Housing Development Finance Corporation Limited||3.9%|
|LIC Housing Finance Limited||2.33%|
|Power Grid Corporation of India Limited||1.57%|
|Housing Development Finance Corporation Limited||1.57%|
|Power Finance Corporation Limited||0.79%|
|Housing Development Finance Corporation Limited||0.78%|
About Canara Robeco Ultra Short Term Fund - Direct Plan - Growth
If you are looking to get exposure to a diversified portfolio which is framed by the inclusion of money market, debt and fixed income assets, then Canara Robeco Ultra Short Term Fund is the best option you have.
Pros and Cons of Canara Robeco Ultra Short Term Fund - Direct Plan - Growth
The scheme intends to diversify its portfolio by investing in fixed income assets of varying risk profile and maturity period. This makes it suitable for risk-averse investors as the risk level is very low. On the flip side, the returns can be curtailed as the fund’s exposure to the equities is minimal to nil.
Fund Information and Statistics
i) Inception/Launch Date
Canara Robeco Ultra Short Term Fund was launched on 16 September 2003.
ii) Risk Level
Canara Robeco Mutua Fund has categorised Canara Robeco Ultra Short Term Fund under the ‘low risk’ category of mutual funds. Therefore, risk-averse investors may consider investing in this fund.
Since Canara Robeco Ultra Short Term Fund is an open-ended scheme, you can place redemption requests anytime. However, it is advisable to keep in mind the applicable charges of exit load and tax on capital gains while redeeming your investments.
iv) Fund Manager
Mr Girish Hisaria and Ms Suman Prasad are the current fund managers of Canara Robeco Ultra Short Term Fund.
v) Entry/Exit Load
There is no entry load as per the mandate of the Indian market regulator. This fund comes with no exit load. However, investors are advised to stay invested for as long as possible.
About Canara Robeco Mutual Fund
Canara Robeco Mutual Fund is a result of the joint venture between Canara Bank and ORIX Corporation Europe N. V. (formally called Robeco Groep N.V.) back in the year 1987. The fund house is sponsored by Canara Bank and ORIX Corporation Europe N. V. As of March 2020, the fund house had assets under management (AUM) amounting to Rs 17,933.22 crore.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns